2021-02-26T14:07:12-06:00 2020-04-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2019-05-01 590326329 LAUDERDALE YACHT CLUB INC LAUD 9545245500 1725 SE 12TH ST FORT LAUDERDALE FL 333161437 EDWARD T YEVOLI TREASURER 9545245500 2021-02-26 1 FRANK LUCAS P00995244 5616971785 2021-02-26 2019 2022-09-23 18:48:47Z R STEPHEN HYATT 1725 SE 12TH ST FORT LAUDERDALE FL 333161437 9553907 0 X LYC.ORG X 1968 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 15 15 186 75 357857 4275 0 0 6382132 6967709 21042 -1246179 2495233 1525295 8898407 7246825 0 0 0 0 4149399 3938804 0 0 0 3499445 3909023 7648844 7847827 1249563 -601002 16609991 27631681 1302544 12925236 15307447 14706445 LAUDERDALE YACHT CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES RESTAURANT, TENNIS, POOL AND DOCK FACILITIES FOR ITS MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 51 0 1 186 1 1 1 0 0 0 1 1 1984561 439152 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 X LAUREN GADD DIRECTOR OF FINANCE 9545252842 1725 SOUTHEAST 12TH STREET FORT LAUDERDALE FL 33316 JOHN A DUNN COMMODORE 5.00 X X 0 0 0 R STEPHEN HYATT VICE COMMODORE 1.00 X X 0 0 0 STEPHANIE J TOOTHAKER ESQ REAR COMMODORE 1.00 X X 0 0 0 EDWARD T YEVOLI TREASURER 3.00 X X 0 0 0 DREW SAITO SECRETARY 1.00 X X 0 0 0 CHARLES S CAULKINS LEGAL OFFICER 1.00 X 0 0 0 KARL J HILL FLEET CAPTAIN 1.00 X 0 0 0 EROL YOLDAS MD FLEET SURGEON 1.00 X 0 0 0 RICK BURGESS FLEET HISTORIAN 1.00 X 0 0 0 WIL SHRINER GOVERNOR 1.00 X 0 0 0 ALBERTO CASARETTO MD GOVERNOR 1.00 X 0 0 0 THOMAS T COON JR ESQ GOVERNOR 1.00 X 0 0 0 JB EASTERLING GOVERNOR 1.00 X 0 0 0 KENT FOX GOVERNOR 1.00 X 0 0 0 JAMES MAUS GOVERNOR 1.00 X 0 0 0 TED MORLEY GOVERNOR 1.00 X 0 0 0 MICHAEL CRISSY GOVERNOR 1.00 X 0 0 0 MARTY MCGROGAN GOVERNOR 1.00 X 0 0 0 WESLEY W PARKER GOVERNOR 1.00 X 0 0 0 CHARLES W SABADASH III GOVERNOR 1.00 X 0 0 0 LAUREN GADD DIRECTOR OF FINANCE 55.00 X 112476 0 163 NADINE ROCKWELL GENERAL MANAGER 55.00 X 238655 0 15369 SCOTT PUKYS DIRECTOR OF TENNIS 50.00 X 181428 0 12094 TOM AZAR EXECUTIVE CHEF 50.00 X 119102 0 7218 651661 0 34844 4 0 1 0 SPINA O'ROURKE INTERIORS 285 BANYAN BOULEVARD WEST PALM BEACH FL 33401 ARCHITECTURE 834909 UNITED HEALTHCARE UHS PREMIUM BILLING PO BOX 959782 ST LOUIS MO 631959782 HEALTH INSURANCE 198466 GLIDDENSPINA PARTNERS 207 6TH STREET WEST PALM BEACH FL 33401 ARCHITECTURE 186215 CHUBB GROUP OF INS CO PO BOX 382001 PITTSBURGH PA 152508001 INSURANCE 160023 AVMED D 860363 ORLANDO FL 328860363 HEALTH INSURANCE 145042 17 DUES & ASSESSMENTS 713910 5539076 5539076 YACHTING 713910 610917 409320 201597 DOCKS AND HARBOR 713910 377669 370127 7542 TENNIS 713910 224528 224528 YOUTH ACTIVITIES 713910 88538 88538 126981 126981 6967709 25439 25439 1271618 -1271618 -1271618 -1271618 2190076 1035464 1154612 1031333 123279 GENERAL FACILITY FEE 713910 211575 211575 MEMBER FINANCING 713910 98659 98659 MISCELLANEOUS 713910 45805 45805 14644 14644 370683 7246825 8160586 357857 -1271618 3322132 616672 39699 508585 3449 763428 284678 TEMPORARY FACILITIES EX 784874 REPAIRS & ADMIN. 634191 FOOD AND BEVERAGE 309592 ENTERTAINMENT COMMITTEE 192049 388478 7847827 2104299 1867653 1052151 444686 926039 666596 698693 605016 185041 136870 230836 174454 29924917 6190581 11353517 23734336 59415 2070 16609991 27631681 704375 3436236 598169 603188 8885812 1302544 12925236 X 15307447 14706445 15307447 14706445 16609991 27631681 -601002 0 X X 0 1 X 1 0 1176052 1176052 6919266 3175218 3744048 3138735 1440350 1698385 18690864 1575013 17115851 23734336 X 8282289 1035464 1035464 7246825 0 7246825 8883291 1035464 1035464 7847827 0 7847827 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,035,464. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,035,464. 1 X X X X 0 0 0 NADINE ROCKWELL GENERAL MANAGER 166381 0 50205 0 22069 0 7175 0 8194 0 254024 0 0 0 SCOTT PUKYS DIRECTOR OF TENNIS 14727 0 147849 0 18852 0 7541 0 4553 0 193522 0 0 0 CLYDE WRIGHT II FORMER COMMODORE (2003 TERM) 404464 THE FORMER OFFICER RECEIVED COMMISSIONS FOR SOURCING THE CLUB'S PROPERTY AND LIABILITY INSURANCE POLICY WITH BROWN AND BROWN INSURANCE IN AN ARMS LENGTH TRANSACTION. 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES CAN PARTICIPATE IN THE ELECTION OF OFFICERS AND GOVERNORS: REGULAR, SENIOR, AND JUNIOR MEMBERS AGE 29 AND UP WHO HAVE BEEN MEMBERS FOR AT LEAST ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B NEW CAPITAL ASSESSMENTS, DUES INCREASES, OPERATING ASSESSMENTS OVER 5% OF THE DUES RATE, AND SERVICE CHARGE INCREASES ARE ALL SUBJECT TO APPROVAL BY REGULAR AND SENIOR MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE THAT IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD HAS DELEGATED REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER. THE TREASURER REVIEWS FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO DETERMINE THE COMPENSATION FOR THE GENERAL MANAGER/COO. ALL THE OTHER POSITION'S COMPENSATION ARE APPROVED BY THE GENERAL MANAGER/COO. COMPENSATION STUDIES, INDUSTRY STUDIES, AND EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN THE DETERMINATION AND DOCUMENTATION OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON INSPECTION AT THE CLUB AND ON ITS WEBSITE. THE CLUB MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON INSPECTION AT THE CLUB. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. LAUDERDALE YACHT CLUB SAILING FOUNDATION INC 271035675 YOUTH SAILING EDUCATION IN SOUTH FLORIDA FL 501(C)3 LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0